Overview
What is The Pete Foundation Inc?
The Pete Foundation Inc, located in Louisville, Kentucky, is a nonprofit organization dedicated to promoting mental wellness, particularly in early adolescence. Their mission is threefold: raising awareness about the significance of mental health, advocating for improved mental health programs, and increasing understanding of mental illness conditions. By doing so, they aim to dismantle the social stigmas surrounding mental health, create a world where people feel equipped to seek help, and ultimately eliminate suicide attempts by catching and addressing depression and anxiety early.
Official website here: www.thepetefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating
The Pete Foundation Inc has achieved an impressive 97% score from Charity Navigator, reflecting its strong commitment to accountability and finance. This rating is particularly significant as it indicates that the foundation operates with high transparency and effective financial management, essential qualities for nonprofits seeking to build trust with their donors and stakeholders.
A notable strength of the organization is its governance structure; the foundation boasts a fully independent board comprising five members, which enhances its credibility and oversight capabilities. Additionally, there are no reported material diversions of assets, and the organization adheres to best practices by maintaining policies on conflicts of interest, whistleblowing, and document retention. Its program expense ratio of 92.24% indicates that a substantial portion of its funding is directed towards its programs rather than administrative costs.
Despite these strong ratings, the data does not highlight specific programs or outcomes associated with the foundation's work, which could provide a more comprehensive understanding of its impact. Nevertheless, the overall financial accountability and governance practices suggest that The Pete Foundation Inc is a reliable choice for potential donors looking to support a well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Pete Foundation Inc legitimate?
The Pete Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pete Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.thepetefoundation.org
What is the mission statement of The Pete Foundation Inc?
The Pete Foundation's mission is geared towards raising awareness about the significance of mental wellness during early adolescence and advocating for improved mental health programs. Their goal is to increase understanding of various mental health conditions. They envision a world where every individual has the tools to understand, express, and seek support for themselves and others. Their vision includes a society free from the social stigmas surrounding mental health, with a comprehensive understanding of its effects. They aim to eliminate suicide attempts by detecting and addressing depression and anxiety at a young age.
Official website here: www.thepetefoundation.org
Who is the CEO of The Pete Foundation Inc?
Michelle Jones is the Principal Officer of The Pete Foundation Inc.
Official website here: www.thepetefoundation.org
What is the revenue of The Pete Foundation Inc?
The Pete Foundation Inc's revenue in 2022 was $165,938.
Official website here: www.thepetefoundation.org
Who are the executives of The Pete Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.thepetefoundation.org
Where can I find the form 990 for The Pete Foundation Inc?
The Pete Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thepetefoundation.org
Learn more at the official website: www.thepetefoundation.org
Mission Statement of The Pete Foundation Inc
The Pete Foundation Inc, a non-profit organization, was established with a mission to raise awareness about the significance of mental wellness in early adolescence, advocate for improved mental health programs, and increase understanding of mental health conditions. The Foundation envisions a world where every individual is equipped with the necessary tools to understand, express, and seek support for their mental health. It aims to eliminate the social stigmas surrounding mental health, fostering a complete understanding of its effects. The Foundation's mission is directed towards a world where suicide attempts are eliminated because depression and anxiety are detected and addressed from a young age.
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Impact
June, 2024
The impact of The Pete Foundation Inc is significant in raising awareness of the importance of mental wellness in early adolescence. By advocating for improved mental wellness programs and increasing understanding of mental illness conditions, the foundation is working towards a world where individuals are equipped with the tools to seek support for themselves and others. Their vision includes a society free from the social stigmas around mental health and where suicide attempts are eliminated through early detection and addressing of depression and anxiety from a young age. Their mission to promote mental wellness in adolescents is crucial in creating a healthier and more supportive community.
This information is meant to be a general summary of The Pete Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,689
- Gross Receipts: $178,651
Assets and Liabilities:
- Total Assets: $191,021
- Total Liabilities: $19,454
- Net Assets: $171,567
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Organization Details
Founding Year
2016
Phone
(502) 339-5500Principal Officer
Michelle Jones
Main Address
2323 LIME KILN LANE, LOUISVILLE, KY, 402223416
Website
www.thepetefoundation.orgNTEE Category
Code: F01 - Mental health
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